This document discusses important entrepreneurial traits and competencies. It begins by outlining an activity to form groups and assign numbers. It then lists several personal entrepreneurial competencies including being hard working, having self-confidence, being future and profit oriented, and being goal oriented. The document continues by listing and describing 16 important entrepreneurial traits such as persistence, responding to feedback, taking initiative, setting standards, and coping with risk and uncertainty. It emphasizes that entrepreneurs must be committed, build on their strengths, act with integrity, and create value for society.

1. ACTIVITY

2. • Count 1-5
• Gather all together with the same assign
number from 1-5
• Form a line each group
• Assign number each group member from
1 to the last number of group members

3. • ability to set realistic targets

4. LOAG-RIDOTEDEN

5. • interest in money generation

6. TIFROP-IDOETDENR

7. • to succeed, one must believe in one’s self

8. EFLS- IFNOCTNDE

9. • working diligently and industriously

10. OWRDRAHNGIK

11. • being able to listen to the advice of others

12. Lingilw ot enstli

13. • obtaining useful feedback and advice
from others

14. ONPDSSER OT
EEFDACKB

15. • being patient and strives to achieve the
goal

16. SIERSPNTTE

17. • ability to take measured or calculated risks

18. IRKS REKAT

19. • being honest, fair and trustworthy

20. ELBEARLI NDA SAH
EGTNIIRYT

21. • a major priority in the entrepreneur’s life

22. TTDEOCIMM

23. PERSONALENTREPRENEURIAL
COMPETENCIES(PECS)
CSS 9 - QUARTER 1

32. IMPORTANT ENTREPRENEURIAL TRAITS
1. Hard working. If you are determined to
run your own business, you must concentrate
on your work either as a producer or a seller.
The success of your business depends on how
much time and effort you will spend on it.

33. IMPORTANT ENTREPRENEURIAL TRAITS
1. Hard working. A successful entrepreneurs are hard
workers, and they also enjoy what they are doing. They
are dedicated, driven, and focused. They are goal
oriented and have a strong attention to detail. They are
typically highly organized and have seemingly
boundless energy.

34. IMPORTANT ENTREPRENEURIAL TRAITS
2. Self-confidence. You must have a strong
faith in your ability despite the problems that
you will encounter along the way.

35. IMPORTANT ENTREPRENEURIAL TRAITS
2. Self-confidence. A successful entrepreneur never
asks the question or keeps doubts in their mind
about if they can succeed or if they are even
worthy of success. They are normally confident
enough that their knowledge and their know-how
will help them make their business idea a success.
And they radiate this confidence in everything that
they do for the business.

36. IMPORTANT ENTREPRENEURIAL TRAITS
3. Future-oriented. Once a person enters in a
line of business, you must understand that you
are in a non-stop contract that an entrepreneur
should understand. It may take several years to
build up a business to a reasonable standard.
The goal for most successful business people is
to build a secure job and stable income for
themselves based on their own ability.

37. IMPORTANT ENTREPRENEURIAL TRAITS
4. Profit-oriented. When you enter into the world of
business, obviously, you are looking for income because
you know that this will be your bread and butter not
only for you but also for your family. Therefore, you
must see to it the business can generate income.
Another plan of action is to expand your own business
using your generated income.

38. IMPORTANT ENTREPRENEURIAL TRAITS
5. Goal-oriented. An entrepreneur is forward
looking. You have an advanced preparation for
your business. You set a long-term goal for the
activities that are needed, an extensive
preparation for the production process and
procedures that you need to go through to
acquire, human and non-human resources.
Everything in 7 your business will have to be set
clearly, organized, and planned depending on the
goal you want to achieve.

39. IMPORTANT ENTREPRENEURIAL TRAITS
6. Persistence. Differences in opinion and
judgment. Your opponent can be a part of the
rejection on what you intend to do for your
endeavor. As an entrepreneur, you must be
firm, strong-willed, and stick or follow your
own belief.

40. IMPORTANT ENTREPRENEURIAL TRAITS
7. Copes with failure. “Learn from your
mistakes”. As an entrepreneur, you must learn
how to deal with the frustrations and failures
instead, turn these into productive learning
experiences.

41. IMPORTANT ENTREPRENEURIAL TRAITS
8. Responds to feedback. You must be
concerned to know how well you are
doing and keep track of your performance.
You must obtain useful feedback and
advice from others.

42. IMPORTANT ENTREPRENEURIAL TRAITS
9. Take the initiative. A successful
entrepreneur takes the initiative. You
must put yourself in a position where
you personally are responsible for the
failure or success of your business.

43. IMPORTANT ENTREPRENEURIAL TRAITS
10. Willing to listen. Take time to listen
to the advice, suggestions, and
recommendations of fellow
entrepreneurs. It will help your business
grow.

44. IMPORTANT ENTREPRENEURIAL TRAITS
11. Set your own standards. This involves
developing and using logical, step-by-step plans to
reach the goals, or offering evaluation alternatives,
monitoring progress, and switching to successful
strategies for the goal you want to achieve. To be a
successful entrepreneur you must take into
consideration that sales and production depend on
your own standards.

45. IMPORTANT ENTREPRENEURIAL TRAITS
12. Copes with uncertainty.
Pursue your vision to be a successful entrepreneur, you
should know how to handle unusual events that may
happen in the business which include problems in
managing the workers, problems on the delivery of
goods and services, and the problems on demand and
production. You must be patient in dealing with these
uncertainties.
.

46. IMPORTANT ENTREPRENEURIAL TRAITS
12. Copes with uncertainty.
Nothing is permanent but change. Change
occurs frequently. When you own a business,
you should cope with and thrive on changes.
Capitalize on positive changes to make your
business grow.
.

47. IMPORTANT ENTREPRENEURIAL TRAITS
13. Committed. You should know that in your
business, personal needs, attachment to your
friends, families and relatives are set aside. You
must separate the money for your business from
the amount that you need to spend for personal
obligations and lifestyles.
.

48. IMPORTANT ENTREPRENEURIAL TRAITS
13. Committed. Good entrepreneurs assume full
responsibility over their business. They give full
commitment and solid dedication to make the
business successful.
.

49. IMPORTANT ENTREPRENEURIAL TRAITS
14. Builds on strengths.
Successful businesspeople base their work on
strengths. Use your manual skills, knowledge in
creating products or services, knowledge in trade
and industry, ability to make and use of a wide
network of contacts to build your business.
.

50. IMPORTANT ENTREPRENEURIAL TRAITS
15. Reliable and has integrity.
An entrepreneur must build a good reputation,
possess the courage to do the right thing, do what
you say, walk your talk, be loyal, and be fair in
dealing with the subordinates and costumers.
.

51. IMPORTANT ENTREPRENEURIAL TRAITS
16. Risk-taker.
Risk sometimes cannot be anticipated. When
misfortunes happen, consider these as challenges and
work them out and set good alternatives. Risks may
result to loss of your business or even bankruptcy.
.

53. • Write down your identified PECs
• Write at least six techniques on how you would
strengthen your own PECs.
• Share it to the class

59. • Select PECs
• Do a role pay that shows your selected
PECs
• Criteria to follow

61. • An entrepreneur is the person who sees a problem in
the world and immediately focuses on creating the
solution. They are the leaders that strike out on their own
to improve society. Whether they are creating jobs or a
new product, they constantly take action to ensure
world progress. In the process of understanding what
is entrepreneurship, let us look at why entrepreneurs are
important in society.

62. • Entrepreneurs create jobs: Without
entrepreneurs, jobs would not exist.
Entrepreneurs take on the risk to employ
themselves. Their ambition to continue their
business’ growth eventually leads to the
creation of new jobs.
• Entrepreneurs innovate: Some of the greatest
technologies today have come from
businesses. The technological advances come
out of a need to solve a problem, create
efficiencies, or improve the world.

63. • Entrepreneurs create change: Entrepreneurs
dream big so naturally some of their ideas will
make worldwide change. They might create a
new product that solves a burning problem or
take on the challenge to explore something
never explored before.

64. • Entrepreneurs give to society: While some have
this notion of the rich being evil and greedy, they
often do more for the greater good than the
average person. They make more money and thus
pay more in taxes which helps fund social
services.
• Entrepreneurs add to national income:
Entrepreneurship generates new wealth in an
economy. New ideas and improved products or
services from entrepreneurs allow for the growth
of new markets and new wealth to be created in
an economy.

65. • Entrepreneurship decreases poverty: In the
spirit of sharing good news, more people are
being pulled out of poverty today than ever before.
This is likely due to globalization. Being able to
connect to millions and billions of people on the
internet allows new entrepreneurs to find
customers around the world.

66. Questions?

67. SHORT QUIZ.